Cryptocurrency is a form of decentralized digital money that uses cryptography to ensure security in transactions, control the creation of new units, and verify the transfer of assets. Unlike traditional money (such as the Kwanza or the Real), cryptocurrencies are not issued by governments or central banks, but rather by computational systems with their own rules.
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📌 Examples of popular cryptocurrencies:
Bitcoin (BTC) – the first and most well-known.
Ethereum (ETH) – enables smart contracts.
BNB (Binance Coin) – used within the Binance platform.
Solana (SOL), Cardano (ADA), Ripple (XRP) – other well-known ones with different functionalities.
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✅ Advantages:
Decentralization: does not depend on banks.
Security: use of blockchain makes fraud difficult.
Fast transfers: ideal for international transactions.
Accessible 24/7: the market never closes.
⚠️ Risks:
High volatility: prices rise and fall quickly.
Little regulation in many countries.
Possibility of scams and fake projects.
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🛠️ How investment in cryptocurrency works:
1. Create a digital wallet or use an exchange like Binance, KuCoin, or Coinbase.
2. Deposit fiat money (like Kwanza, Dollar, or Euro).
3. Buy the desired cryptocurrency.
4. (Optional) Store in a cold wallet (offline) for added security.
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If you want, I can:
Help you choose a cryptocurrency to start with.
Simulate an investment.
Create a simple strategy for beginners.
Explain what will be trending in 2025.